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The expected boost from Trump's tariffs wasn't as much as investors may have been expecting, one analyst said.
Conservative groups panned the tariffs implemented by President Trump on Thursday while liberals praised the plan and beneficial to US workers.
Republicans are distraught over President Trump's proposed tariffs on steel and aluminum. But many are unsure about action they are to take to stop a trade war.
More than 100 House Republican sent a letter to President Donald Trump on Wednesday urging him to soften the blow of his recently announced tariffs.
Some states import a lot of steel and aluminum.
Caterpillar was down 1.77% in trading Wednesday morning, GE was down 1.13%, and Boeing was down 0.81%.
Only 31% of people surveyed By Quinnipiac University said they supported President Trump's new steel and aluminum tariffs, 50% said they were opposed.
The Trade Partnership found President Donald Trump's proposed steel and aluminum tariffs could add 33,464 jobs but cost the US 179,334 jobs in other industries.
Trump says he doesn’t think we’re going to have a trade war — 3 days after he said trade wars were ‘good’
"I don't think you'll have a trade war," President Trump said days after calling trade wars "good, and easy to win."